China Money Network’s DealShot provides detailed information on venture capital and private equity deals in China on a daily basis. Here you can find out where Chinese investors have been investing their money each workday.

Tencent Holdings Limited has reached an agreement with an Asian games company to publish its games in Southeast Asia, as the Chinese Internet giant saw a steady decline of its PC gaming revenue and the Chinese government putting a freeze on issuing game licenses to the company. Tencent signed a binding letter of intent with […]

Beijing-based group buying platform Songshupinpin.com has raised US$30 million series A financing round, according to a company announcement on its official WeCat account. Investors include IDG Capital, Hillhouse Capital, MSA, Sky9 Capital and Qian Jiawei, former COO of Chinese on-demand local services firm Meituan. Meituan is part of Meituan Dianping, China’s largest peer review and […]

Hillhouse Capital and Morgan Stanley have co-led a RMB800 million (US$115 million) series C round in Golden Education, a professional training company specialized on providing financial training and certification programs. Yonghua Capital and Vision Knight Capital also participated in the investment. The company and the investors did not immediately verify the facts of the deal. […]

China has launched a new pair of navigation satellites into space on a Long March-3B carrier rocket from the Xichang Satellite Launch Center in Sichuan Province at 2:07 a.m. today. The launch took over four hours to complete the mission. The satellites, Beidou-42 and Beidou-43 of the BeiDou Navigation Satellite System (BDS), entered a medium […]